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9. Banking

 

9. Banking

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Answer. Yes, transactions can be done in any currency, including USD. ...more...

Georgian law doesn't require companies to transact in any specific currency.

Plus, you can have multicurrency accounts, so money you receive in USD, can stay in USD, in your Georgian bank account.

 
Answer. Yes. You can use your Georgia debit card to make payments online. ...more...

Your Georgia debit card acts just like a credit card when making online purchases. It allows you to buy items in the U.S. and other countries.

 
Answer. The banks that Vesti.ge works with are listed on the London Stock Exchange. ...more...

Because the banks that Vesti.ge works with are listed on the London Stock Exchange, your money is quite safe.

 
Answer. There's no limit on moving money in or out of Georgia. ...more...

There's no limit, or reporting required, on moving money in or out of Georgia.

Georgian law allows for no capital controls.

Also, you can have multicurrency accounts, so money you receive in USD, can stay in USD, in your Georgian bank account.

 
Answer. Exchange rates have around a 0.07% spread. ...more...

Using the bank introductions from Vesti.ge, you'll get the very best exchange rate spreads (the difference between the buy and sell price).

 
Answer. Vesti.ge can give you all the introductions you'll need for a great global banking setup — both company and personal. ...more...

Depending on what you want, Vesti.ge could help you get setup with:

 
  • Mastercard or Visa debit card with USD $ 41,000 daily spending limit.
  • No interest, and easy approval as it's a debit card.
  • Online banking in English.
  • Read only logins are also available (e.g. for your accountant or investor).
  • Receive TTs or money wires for free.
  • Can receive in GEL, USD, EUR, GBP for both current account and debit card.
  • Exchange rates have 0.07% spread. If you're transferring over $ 400, you can call for an even better rate.
  • Free integrated payroll software to transmit tax payments online.
  • 0.07% transfer fee (e.g. $ 1,000 would pay 70c) when transferring to another bank.
 
  • USD $ 91 annual fee gets you a platinum Visa card.
  • Personal banker — ask questions, get help, by phone or email — this is a big help if you don't speak the local language.
  • Multicurrency account: GEL, USD, EUR, GBP.
  • Withdraw from ATM with no charges.
  • Daily ATM withdrawl limit of USD $ 4,100.
  • Online banking in English.
  • Can do up to ten tap-to-pays per day. Each with a transaction value of USD $ 20.
  • One day setup (I got my Visa card, with my name embossed onto it, the day after I applied).
  • Additional cards can be issued for family members for USD $ 30 one time fee.
  • Send TTs or money wires for USD $ 10.
  • Has mobile app.
  • No initial deposit.

ATM's in Georgia are the most polite we've seen in any country. They're 24 hours everywhere. They ask you what language you want, and even give you the option to withdraw in USD.

 
Answer. Banks are open until 6pm. ...more...

The banks are open from 10 am to 6pm, Monday to Friday.

On Saturday they're open from 10 am to 2 pm.

Above: The bottom entrance to the Funicular. Just a few minutes from here to the bank.

 
Answer. You'll get a personal banker, that you can call from anywhere in the world. ...more...

Using the bank introductions from Vesti.ge, you'll get a personal banker, that you can call from anywhere in the world, who'll answer any questions, or help you with any banking issues you may have.

All transactions require email confirmation, and also you'll need to enter the unique six digit number from your security key fob.

How you're greeted as you enter one of our recommened banks (we're not exaggerating, it really is like this — every time we've visited).

© 2017 Vesti.ge LLC. All rights reserved. www.vesti.ge/9._Banking/